Showing posts with label Big 4. Show all posts
Showing posts with label Big 4. Show all posts

#12 Job Advertisement Analysis ( Singapore)

Seniors/Assistant Managers/Managers, Audit Department

The incumbent will work with a team of audit professionals in the Audit Department, providing audit services to a portfolio of diversified clients comprising public listed companies, MNCs, and local conglomerates. The successful candidate can also look forward to other challenges including initial public offerings related work, due diligence and special investigations work.

The above positions in the Assurance & Advisory Services call for candidates with an accounting degree/professional qualification recognised by the Institute of Certified Public Accountants of Singapore (ICPAS). You should have at least 3 years of relevant audit experience in a professional practice. The level of appointment will commensurate with experience.

< Note: The paragraphs in blue above is extracted from eFinancial Careers site>

This blog entry is intended to provide some snapshot about career opportunities in Big 4 Singapore, audit deparment in particular.

One would realize that the door is always open for highly calibre individual to join the audit firms, especially in Singapore, where demand for auditors are definitely much more than the supply of auditors in Singapore. Big 4 are dominating the auditing services of the SGX-listed ( Singapore Stock Exchange) clients, and this in term imply an endless demand for auditors. The shortage of qualified auditors is intensified by the high turnover rate in the industy, where the working hours could be very long.

One could easily switch among the Big 4 once he/she reached the senior level, as supported by the advertisement above. Besides, Big 4 are happily to accept the Big 4 from medium firm, such as: RSM due to the shortage of seniors in the firm. In short, experience really counts.

#3 What is big 4

Big 4 is a short abbreviation for 4 of the audit companies who are dominating the supply of auditing services worldwide. Big 4, namely Price Waterhouse Coopers, Ernst & Young, Deloitte and KPMG have their offices across the different regions in the world.

The services provided by Big 4 could be categorized into three main areas: advisory, taxation & audit. There would be different sub-categories within each area. For instance, there are financial service audit, commercial audit (including audit across different industry, e.g. manufacturing), small to medium enterprise audit, US GAAP audit, and others. Each specialization would have a target group (by industry, by region, by accounting standard).

Recruitment processes in Big 4 are considered competitive and selective. Since their main focus are corporate client, including the big conglomerate group, they prefer high fliers in the University.